Motilal Oswal AIF Settles SEBI Proceedings Over AIF Regulation Violations, Pays ₹38.76 Lakh

Motilal Oswal Alternative Investment Trust and Motilal Oswal Asset Management Company Ltd have opted to settle a case for alleged violations of the SEBI (Alternative Investment Funds) Regulations, 2012, after paying Rs. 38.76 lakh, with the regulator disposing of the proceedings in terms of the settlement.The matter arose from observations that the AIF had retained Rs. 8.69 crore from 109 defaulting investors as a penalty instead of crediting the same to the scheme for the benefit of other...

SEBI Lowers Credit Risk Threshold, Expands REIT Risk Classification Framework In 2026 Amendment

On 16 April 2026, the Securities and Exchange Board of India (SEBI) notified the SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2026, amending the 2014 Regulations. The amendment reduces the minimum credit risk value requirement from 12 to 10 and expands the risk classification framework by introducing “Class B-I” alongside “Class A-I”. The regulations came into force on the date of their publication in the Official Gazette, i.e., 16 April 2026.

SEBI Imposes ₹18 Lakh Penalty On Lypsa Gems, Promoters and Directors For Misrepresentation, Disclosure Lapses

The Securities and Exchange Board of India (SEBI) on Thursday imposed penalties totalling Rs 18 lakh on Lypsa Gems & Jewellery Limited (LGJL) and its promoters and directors for misrepresentation and concealment of material information in its financial statements and disclosures, holding that the company misled investors and compromised market integrity. The order was passed by SEBI's Adjudicating Officer Sudeep Mishra.It follows a probe into the company's financial affairs spanning FY...

SEBI Signs MoU With FIU-India To Enhance Data Sharing, Curb Securities Fraud, Money Laundering

The Securities and Exchange Board of India on Thursday said it has signed a memorandum of understanding with the Financial Intelligence Unit (FIU-India) to step up action against fraud and money laundering in the securities market.The agreement, inked on April 15, 2026, will enable regular sharing of data and intelligence between the regulator and FIU-India to strengthen enforcement under the Prevention of Money Laundering Act, 2002 and the rules framed under it. The two agencies will...

SEBI Revises Social Stock Exchange Norms: Allows NPO Registration Up to 3 Years

The Securities and Exchange Board of India (SEBI) has issued a circular revising the framework for Not for Profit Organisations on the Social Stock Exchange, easing registration and fund-raising requirements.SEBI has extended the period of registration for NPOs on SSE from two years to three years without the requirement to raise funds. The regulator has also reduced the minimum subscription requirement for the issuance of Zero Coupon Zero Principal instruments from 75% to 50%, subject to due...

SEBI, DoT Sign MoU To Curb Securities Market Fraud Through Data Sharing

The Securities and Exchange Board of India has entered into a Memorandum of Understanding with the Department of Telecommunications, Government of India, to facilitate data sharing and enhance cooperation in combating fraud in the securities market. The MoU, signed on April 15, 2026, by Sanjeev Sharma, DDG (AI&DIU), DoT, and Sandip Pradhan, Whole Time Member, SEBI, in the presence of senior officers, enables regular exchange of data and information between the two authorities. DoT has...

Former Additional Controller General Of Defence Accounts K.V.R. Murty Takes Charge As SEBI Whole-Time Member

Former Additional Controller General of Defence Accounts K.V.R. Murty has taken charge as Whole-Time Member of the Securities and Exchange Board of India (SEBI) in Mumbai. Murty brings over three decades of experience across national security and corporate affiars. Over the course of his career, he has held key financial advisory roles, including Principal Integrated Financial Adviser to the Indian Air Force and Financial Adviser to the Defence Research and Development Organization (DRDO). ...

SEBI Mandates NISM Certification For Social Impact Assessors

The Securities and Exchange Board of India (SEBI) on Monday said that Social Impact Assessors must obtain certification from the National Institute of Securities Markets (NISM) to continue working under its regulations. The regulator clarified that assessors have to pass the “NISM Series XXIII – Social Impact Assessors Certification Examination” and keep their certification valid. For renewing the certification, they can either take the exam again or complete the NISM Series XXIII – Social...

From ₹15 to ₹10,887: SEBI Flags Scheme To Inflate RRP Semiconductor Shares, Bars 39 Entities From Market

The Securities and Exchange Board of India has found what appears to be a coordinated scheme to artificially inflate the share price of RRP Semiconductor Ltd. It has restrained 39 entities from accessing the securities market and dealing in securities. Whole Time Member Amarjeet Singh, in an interim order dated April 10, 2026, said, “The magnitude and speed of the price rise, together with the absence of any positive change in financials/business plans of the Company, are strongly indicative of...

SEBI Introduces Three IT Platforms To Improve Communication, Enable E-Adjudication, Enhance Cyber Supervision

The Securities and Exchange Board of India has launched three new IT platforms to improve communication with external entities, digitally conduct quasi-judicial proceedings, and strengthen cybersecurity supervision of SEBI-regulated entities.Among the initiatives, SEBI introduced the Single Universal Platform for Communications (SUPCOMS) to streamline communication with external entities and enhance institutional memory. It replaces email-based interactions, ensures easy access to...

SEBI Cancels Wealthmax Solutions Investment Adviser Registration For Fee, NISM Certification, BASL Lapses

The Securities and Exchange Board of India (SEBI) has cancelled the registration of Wealthmax Solutions Investment Adviser (Proprietor: Piyush Jain) after finding that it failed to pay renewal fees, renew its mandatory NISM certification, and obtain BSE Administration & Supervision Limited (BASL) membership required to continue as an investment adviser. The order was passed by Designated Authority Vikas Sukhwal The market regulator noted that the renewal fees for the IA's registration,...

SEBI Cancels Basan Financial Services' Merchant Banker Registration For Multiple Regulatory Violations

The Securities and Exchange Board of India (SEBI) on 7 April 2026 cancelled the certificate of registration of Basan Financial Services Limited, a registered Merchant Banker, for multiple violations of regulatory provisions under the SEBI Act, 1992. The Quasi-Judicial Authority, Biju S, stated: “It is pertinent to note that the Noticee being a MB has to ensure compliance with all applicable regulatory provisions. In the present case, the Noticee has failed to adhere to fundamental requirements...